What are the conditions for setting up branch and representative offices?
According to Article 1 of the By-law of the Law for Allowing the Registration of a Branch or Representative of Foreign Companies (issued in 1999): “Foreign companies which are recognized as legal companies in the country where they have been registered, may, on the provision of reciprocal conduct of their home country, register their branch or representative office for initiating activities in Iran, in the following areas, according to this by-law and other related laws and regulations: 1- Offering after-sale services for the goods or services of the foreign company. 2- Carrying out the executive operations of the contracts concluded between Iranian persons and foreign companies. 3- Studying and preparing the necessary conditions for the foreign company’s investment in Iran. 4- Cooperation with Iranian technical and engineering companies for undertaking activities in third countries. 5- Increasing the non-oil exports of the Islamic Republic of Iran. 6- Offering technical and engineerin